The European Union on 3 August received €1.4 billion in windfall profits generated by the interest on the cash balances originating from immobilised assets of the Central Bank of Russia (CBR).
The EU has published updated rules on foreign investment screening, strengthening its ability to identify and collectively address risks stemming from foreign investments to the EU’s security and public order.
The EU has launched a new €100 million defence scale up call, as it extends its research and innovation funding to defence and dual-use technologies with both civilian and defence applications.
The European Parliament and EU Council have reached provisional agreement on proposals to accelerate defence investment and improve the EU’s responsiveness to security challenges.
The 11th summit between the EU and South Korea marked a new phase in their strategic partnership, delivering a series of concrete outcomes to enhance economic resilience, security and defence cooperation, research, and the clean energy transition.
The European Union and Armenia at a first ever summit in Yerevan reinforced cooperation in the areas of economic development, connectivity, security and defence.
The European Commission is to invest EUR 1.07 billion in 57 new EDF projects covering the European Drone Defence Initiative, the Eastern Flank Watch, the European Air Shield and the European Space Shield.
